Course
With any state DoT contract, your firm must comply with the AASHTO Uniform Audit & Accounting Guide’s accounting, job-costing, and labor-charging systems that serve as the basis for the indirect cost rate schedules.
But more than a DoT requirement, compliant indirect rates help you understand your costs, reduce audit findings, limit negotiations over rates, and ultimately position your firm for financial success.
The guide also aligns state-level requirements with the Federal Acquisition Regulations (FAR) that many contractors already face with their federal contracts.
Join Robert Jones and Melissa Metzger to dive deeper into compliant indirect rates and learn how to:
- Identify the common indirect cost pools and allowable allocation methods
- Appreciate the importance of timekeeping and labor charging
- Define costs that are allowable, allocable, and reasonable